Proceedings of the 2nd Southeast Asian Academic Forum on Sustainable Development (SEA-AFSID 2018)

Maintaining Sustainability of Islamic Microfinance With Outreach and Sharia Compliance in Jambi

Authors
Sucipto Djaafar
Corresponding Author
Sucipto Djaafar
Available Online 8 March 2021.
DOI
10.2991/aebmr.k.210305.059How to use a DOI?
Keywords
Islamic Microfinance, Outreach Microfinance, Performance, Religiusitas, Trust, Staff productivity, Islamic Micro Finance Model
Abstract

This study analises outreach factor which implemanted financial religiusious prinsip in MFIS. Like insurance, mortage and BMT in Jambi. This study also estimates outreach and sharia complemnet on stakeholder of MFIS. Outcome of this study will be contribution to financial management policy in syaria complement of MFIS. Based on the pattern and concept of the outreach of financial institutions that still use aspects that are contrary to shariah principles in the form of determining interest rates. This happened because of the lack of the concept of range that was formulated in the framework of sharia compliance. So that found mismanagement, dysfunctional and moral hazard in Islamic financial institutions in the past 5 years. Seven of Islamic financial institutions in Yogyakarta, 3 Islamic financial institutions in West Java, the ability to reach prospective customers and members shown by the financial institutions, generate large assets but on the other hand compliance with sharia does not become a standard within the reach of institutions.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd Southeast Asian Academic Forum on Sustainable Development (SEA-AFSID 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
8 March 2021
ISBN
10.2991/aebmr.k.210305.059
ISSN
2352-5428
DOI
10.2991/aebmr.k.210305.059How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Sucipto Djaafar
PY  - 2021
DA  - 2021/03/08
TI  - Maintaining Sustainability of Islamic Microfinance With Outreach and Sharia Compliance in Jambi
BT  - Proceedings of the 2nd Southeast Asian Academic Forum on Sustainable Development (SEA-AFSID 2018)
PB  - Atlantis Press
SP  - 328
EP  - 336
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210305.059
DO  - 10.2991/aebmr.k.210305.059
ID  - Djaafar2021
ER  -